‘Too Interconnected to Fail’? Regulating Crucial Utilities

AuthorProf. Jean-Charles Rochet, G. Roger
Date1 July 2016
CategoryRoundups
‘Too Interconnected to Fail’? Regulating Crucial Utilities

Failure of systemically important utilities would be accompanied by significant social costs. How, then, can such infrastructures best be regulated while avoiding implicit bailout guarantees in the process?

 

Read the full version in English